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I h~~ ~lu~qta~tut hatrb~ gr~nts, buKams, aaytns, anJ .unveya unto \ti•~tgcqt~~r. tha fulluwu~ J~xt~l~d ?rai rstatr ~,m Ihr (~uunt~~ of ;
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I s~~z.•th~r w~th ali bwki~n~e~ rnd ~mptovrmrnt. nuw .~n c~rc~ftrr rrc.~cJ thercon rnJ all x-rcens, shadrs, storm sash u~d blirtds, and heat~r?~. lighting. ptumbinE.
~ ckrtri., rentdaung, rrfrqerraurtg ~nd a~ryunJ~tionin~t eyu~pmrnt u~rd ~n runnrction lhenwith, alI of which, for the purpose of this mortEage, shall be :
! .irrmcJ fi~turcs a~x1 sub~cct t~~ th~ Ikn hrrcol. ~nd thr hrmd~tamrnt. anJ appurt~nrnre~ pcrtainmR W the ptuprrty above dcscr'bcd, all of which is rcfetrcd to ~
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f rcrcmaltrr as tFk "ptrm~.a:'.
~ f+) {11~'k AtiU f0 HOLI) uw1 latkl +nd prcmnr., w~th all thr rytht+.. prrvikEr. r~xi ~ppurtrnancrs therctu belonging. unto morigagee and his hetn, exetutors.
~ ~Jrnin~stntor+, wC~ti~wn and a~ugm. forerer.
~l~+rtgagur alw awgm to ~turt~a~eee all rrnts. uw~e and profit+ u( uid prcm~~rt. recervmE the righl to rolkct and use the same, with or without ukin6
F~~~,x•~von of tl?~ pr.m~a~. dunng runUnwn~r uf Jefault hrrcunJrr. ~nd dunnf conunuancr of wrh default authorizirqe Mortgagee to entet upon said prem~ses
~n;i ur .ulkcl anJ rnfurr~ Ihe vme without rr~uJ to a~irywry of any security (ot the inJeb~edness he[eby secuted by any lav?•fut means including
~~~p~~mtmenl of a r~~Yncr in Ihr nune of any puty hrrcto, arnf tu apply tht same kss rosts and r:penxs of operation and colkclion, irxludi~C reasonabk
s;i~~rnc~'s frrs. upun am mdrbtcJnr~..rruad hrnl+y. m wch urdrr ac Murt~ee may determ~ne.
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t(rR THE PURrOSE OF SECURING: lil Perfo:mance of ~tach ageement of Mortaa6or conttined herein; l21 Paymeni of the principal wm oi
e ~ ~~2 with interest, u provided in xcordance wilh the urms and provisions of a Promissory Note/Loan Agament Ibereinafter refemed to u
.Prom~saory Note"? dated ^'rf~ ~n~ , maturity date ~'~~~~~~~n apd payible to Nortgagee. to which Promissory Note
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r~ ~ ertnLr is hereby madr, (31 The payment of any additanal wms and interest thereon that may be knt by Mortgaaee to :Nortgagor ex~Ypt that the maximum ;
pnn~~pal unount xcured by the ~loctgage shall not excesd f.'~ .~'..-1 ':(4i The payment of any money that may be sdvanoed by the Mortgagee to ~
~t~:rc~agor for sny texson or to third parties wherc the amounts are adranked to protect t!x ~ecunty or in accordanue with the covenants of this Nortgage_
~il paymenu made by Mort~or on the oblig~tion xcured by this Mortga6e shall be applied in the followri~ order. i
f 1RST: To the payment ot taae~ and auessrtants that may be kvied and assessed aaainst said pcemises, inwrana prcmiums, repairs, and all other charges
.ind r~pense~ aErecd to be paid by ihe Mortaagor.
SF-COND: To the paymr.nt.of intcrest due on said ban_ .
iHIRD: To tiw paymmt of principal.
!O PR07E(~ TNt SECl1RITY NERF.OP, MORTGAGUR ('OVI.tiANTS ANI) AGRFES: 11?to krrp vui prrm~.r. mwrrd :+ga~n,t tirr anJ .u:h othrr ;
~ .,.uett~cs a. thc Mort~agee may spcrify. up to the tutl valur ui ~II improvrmrnts for thc protrctiun of Nortgq~re ~n ~urh mann~r. tn ~u.h rmuunl.. •rnJ ~n w.h E
- ~~rnpanir~ a. Nort~ee may from 1im~ ta t~me approve, and to keep the polirirs tl~rcfur, properly rndursrJ. un drjws~t NIIFI ~IUfl~dgl'C dDJ (II:11 1~~..
;~r~~.reds Iless ~~penses of wlkctic~n) shall, at Nortgagee's upt~un, be appl~rd on sa~1 irniebtrdness, whrthcr Juc ur not or to thr rr.wrat~.+n uf vai
~ ~~T,provrrrKnts. In cvent of k?ss Mortgagot will gire immedute nutice by ma~l to thr Mottgagrr who may mrkr pnrot uf lu.. if nut m:~1r pr.~mptl~ h}
~ ~lurt~agot, and :ah inwrana: cumpany con~rrnrd u hereby authorized ami J~rcrted to m~ke pa~ment for ~u:h lu.. d~rcrtl~ tu ~turt~rg~r m.lrrd ul
~1~~rt~agur. t~l To pay all ta~es atxl special usenment~ of any k~nd that have txen or may be krird or asse.sed upon wKl prcm~~c~. or rn~ part thrtrof i 11 In
th~• rrenl of default by Mwtgagot undet Pua[,taph~ I or 2 aborr. Muttga~er, at its upt~un iw'hether ekcUng to derlrre thr wholr mdrhtrdnr.. K.urrJ hrrch~
~ h,.• ~nd wlk.t~bk ut nut), may la) cffe~t the inwnn~Y abuve ptorded for and pay the trawnable ptemium. anci :hirgr. thrrefur. Ib1 pa~ ~II +aid t+~r. rnJ
~ ;.~x,cmenh withuut dete[m~mn~ the val~du~ thrrcot. ~nd 1c1 pay cu~h Ircm anJ all wch d~.burerment+ eh~ll br Jrrmrd a part uf thr ~nJahlydna~. .r:u?rJ M
~~n Nortp.a~tr and ~tull be imr?~ed~ately due and payabk by Nurl6agor to ~tortgagrr. ~A1 Tu krep the bu~ldm~+ and u~Fhr ~mpr.~vrmrnt. nu+. ur hrr~aft.r
r<•,ted in gr?ud cond~uon ~nd rrpa~r, not to commit ut wfier any .aa.te or ~ny~ u.r of .a?d prrmnr..ontrary to retitn:uun ur rc.urd ur ..rntrrry tv Irw.. .
~ linar.ce~ or rrgu~a4onc ol ptupet pub6c authunq', and to prrmit ~turtgagre to rntrr at ~II rrawm~bk umrti fot tFk purpu~r uf ~n.~x.UnE thr ptrm~.r., not '
rcmure ot dcmu6.h any budding thereun: to rumpktr w~thin Onc HutHlrrd Fighly 11801 Da)+ ut rr.torr "prumpth and m~~~,.w1 and uurkmrnf~ke m~nnrr ~
~ huiWtn~t whkh may br cun~fructeJ, damagrd ot drsuoyed theteun anJ tu pa>. whrn dur. rll .Irtm. fur latx~r prtformed and m~trnrl tumntnd Ihere(ar.
lhat tlx Urne of payrtknt of the indebteJness hereby +~curtJ. or of rny porhon tlxtruf, m~) tx r~trnJrd ur rcnrwrd rnd em {+~rrhun. ot Ihr prrmi+a. t
~ ir ikKnbrd may, wilhuut notire, be rclrased from thr lirn hrtrof, wilhout rrlra.~nR ur a(le:tmg thr per~roal li~hdu~ .~f rm prr~:~n or .urpuuhon for Ihr
mrnt of vid indebtedne~+ crs thr Iwn of Ihis ~mlrurttrnt up~m thr remamdrr uf ,ad Qrrm~x. rur ~h. full rmounl uf u~J ~ndrbtrdnr.~ thrn rcm~in~nE
~ ~~id, and no ~han~c in Ih.• ~•wncnhip uf caed premix. shal) trkax, rrducr or othcrwt~r a((a.t ~n~ w.h {+~t.unal I~~Mhq un thr h~•n h.rrh~ .rr~trd_ ~h1
,t hr ~rvrJ crf the ptr~ in fec +~mpk and ha~ g~~d +nJ lawfui nght to c~mvey ~hr .amc, rnd th~t M~ d~k. h~rchy lo~e~rr w~ttant ~nd will furr~rr
.trnd fhc I~tk and {ws~c~.~i ~t?rrcpf ag~~nst thr I~w(ul rl~im. of an~ atxl ~II prnum whalW~cvrr.
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~ 09-0475 (REV. t/)~) - ~O~K ! ~
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